Foreign Exchange Market
Forex is the world’s largest financial market, where different currencies are exchanged against each other. Daily transaction volumes of the Forex market are, according to our estimates, as high as 3-4 trillion USD. Compare this to about 25 billion a day volume of the New York Stock Exchange.
OZFX offers about 70 currency pairs on the MetaTrader 4 platforms. In a currency pair, the first currency is called “base currency”; the second currency is called “counter currency”. When you buy or sell a currency pair, you are performing that action on the base currency.
8 Reasons to Choose Forex